"Of course I am interested in the shares of Penguin, and I am still very optimistic about the Penguins under your leadership, but I don't know what Mr. Ma said about the shareholding method?", Jiang Hui said.

"The buyout funds and game shares of "Happy Farm" and "Happy Landlord" are converted into shares, and other shareholders will give you the corresponding shares in proportion," said Boss Ma.

"Penguin made a profit of 300 million last year, less than 30 million a month. Now, I guess the latest profit of these two games is about 1.5 million a day, and that's 45 million a month, which is more than all the other Penguin businesses combined," Jiang Hui said.

"It can't be calculated like this, last year's average was less than 30 million per month, but the income of penguins is a growing state, there were already more than 30 million in December last year, and it will increase rapidly in the future," said Boss Ma.

"Yes, I also think that Penguin will continue to increase its revenue, but these two games are increasing faster, right? Now that the revenue accounts for more than half, it may not be long before it reaches 70%, 80%, or even higher," Jiang Hui said.

Both want to overvalue their chips in order to achieve a favorable result. This in itself is a gambling process. Penguin company is reluctant to directly give such a large amount of dividends to the glorious game, you know, this may be a figure that is higher than 120 million buyout amount every year, and now the listed undertaker gives Penguin a valuation of only about 200 million, although this valuation will continue to rise with time, but from the previous life to the first day of listing, the market value is 500 or 600 million, which shows that investors have general confidence in the long-term development of Penguin. If the penguin's largest share of the revenue were to be divided by someone 30 percent, it would be enough for the shareholders to suffer.

"No one can say for sure what will happen in the future, the development and change of Internet companies is very fast, let's talk about it based on the current situation, what do you think, Mr. Jiang?" said Boss Ma.

Boss Ma's words are actually a bit nonsense, Internet companies pay the most attention to long-term development, and rely on storytelling to enhance their value, but now no one else knows that Penguin will grow into that kind of behemoth, so Jiang Hui didn't bother with Boss Ma specifically, let's see how many shares can be obtained first.

"I wonder what price the penguins are going to pay?" Jiang Hui said.

"Mr. Jiang has considered a price, is it not possible for Penguin to buy the two games in cash?", although Boss Ma accepted the proposal of exchanging shares for shares in his heart, he still wanted to try to see if Jiang Hui would be short-sighted to accept the cash acquisition, after all, Jiang Hui is only a freshman student, and his vision may not be so far.

"I'm sorry, but if the penguins think so, then I don't think there's any need to waste everyone's time talking," Jiang Hui said.

"Mr. Jiang, don't worry, I'll just ask, if you don't agree, we'll talk about something else", Boss Ma said.

"These two games now account for more than half of Penguin's profits, and the 30 percent share is equivalent to more than 15 percent of Penguin's revenue, and that's just the case now, and the longer the negotiations drag, the higher the percentage. I'm not going to open my mouth wide, so let's start with 15 percent of the shares," Jiang Hui said.

"This income ratio and shares are two different things, after all, we have assets in it. Like some factories, the assets may exceed 10 billion, but the income is only one or two billion, and it is impossible to account for half of the income in exchange for half of the shares," said Boss Ma.

"This is indeed the case, but Mr. Ma, as you just said, are industrial enterprises, and how many of them in the Internet industry are asset-heavy? Let's talk about Penguin, the office building is leased, and some servers are also leased, so how much assets do the company have?" Jiang Hui said.

"Talent is our company's greatest asset," said Boss Ma.

"There's nothing wrong with that, but all talents are valuable," Jiang Hui said.

"Fifteen percent is completely impossible, and with the 120 million yuan bought out plus all the game dividends, Penguin can give up to five points of shares," Jiang Hui said.

"At Penguin's current valuation, five points of shares are less than 120 million, right, not to mention that there are game dividends much higher than 120 million," Jiang Hui said.

"Penguins are not short of money now, and they can't get penguins shares if they have money," said Boss Ma.

What Boss Ma said is true, it is true that Penguin can get its shares now without money, and you must also have rich resources to facilitate its listing. For the five points of shares, Jiang Hui is actually satisfied, of course, this is based on Jiang Hui's idea of knowing the development trend of the penguin in the future, with the current situation, the five points will definitely suffer a big loss, and Jiang Hui is still waiting for money to acquire Hao123, which is related to the development plan of the Guanghui Group in the future.

"Otherwise, since the penguins are not short of money, then the 120 million buyout money will not be converted into shares, and 30% of the game income will be converted into ten shares", Jiang Hui threw out his own conditions.

"Mr. Jiang, according to the contract, the revenue sharing ratio of the game is decreasing every year, and it will only account for five points in the end, and it is difficult to say whether these two games are still there at that time", Boss Ma said.

"Mr. Ma is so unconfident in these two games? How about Guanghui Games keep five points of game revenue and convert the rest into eight points of shares?" Jiang Hui said.

"Mr. Jiang, the cooperation between Penguin and Guanghui Games has been very smooth, I will directly take out our bottom line and talk about it, Penguin can pay 50 million to Guanghui Games, and the rest is converted into five shares", Boss Ma said.

"If I entrust all the voting rights of the shares to Mr. Ma personally, I will only take the dividends of the shares," Jiang Hui said, and deliberately paused for a moment on the word "individual".

"Mr. Jiang has so much confidence in me?", Boss Ma said with bright eyes.

"Of course, there are always horses and penguins," Jiang said.

"Penguin pays 80 million to Korn Glory, and the rest of the money and game dividends are converted into 5% of the shares, which is the biggest price Penguin can give, and the board of directors will definitely not approve it," Jiang Hui said.

"Mr. Ma, happy cooperation!", Jiang Hui stood up and stretched out his hand and said.

"Mr. Jiang, do you agree, great, happy cooperation", Boss Ma also stood up and shook hands with Jiang Hui.

"Wait a minute, I'll take a picture of you," said Mr. Gao.

Penguin's five-point stake does not seem to be particularly valuable now, and it will be very scary to look at it in the future, and it will be difficult to have another chance.

The remaining details of the contract will be handled by Penguin's legal counsel, and Jiang Hui only needs to pass the documents to Xiang Weiwei and ask her to help confirm it, and then be responsible for signing.